$SMCI Stock Nears $950 After Hitting $928.48, Eyes on 50-Day MA

$SMCI stock is showing signs of a potential breakout with targets set at $900 and $1000. Traders are closely monitoring technical indicators like the 50 EMA and trendline breaks. Recent price movements indicate a strong upward trend, with targets being met and exceeded. The stock is currently trading near $950 after hitting a high of 928.48, with a focus on the 50-day moving average. Traders are optimistic about further gains as the stock continues its upward trajectory.